CandleFocus

Top 3 Crypto Narratives to Watch For the First Week of February

Crypto narratives are going through significant changes as AI tokens, Real-World Assets (RWA), and meme coins all experience significant corrections. The AI sector has seen its market cap drop 42% in the past month, with major tokens like FET and RENDER extending their losses. The RWA sector has fallen from $72 billion to $55.5 billion in just three days, but potential regulatory advancements in the US could provide long-term support. Meme coins have also taken a hit, with the top 10 tokens down at least 22% in the last week. The correction in these sectors could determine whether they stabilize and rebound or continue to decline.

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